Silverstein Properties Refinances 4 World Trade Center With $1.36B Loan From New York Liberty Development Corporation
4 World Trade Center, Greenwich Street, Manhattan, New York, NY, USA
$1,364,000,000
$717/SF
Building Size
1,900,000 SF
Asset Type
Office
Closing
Sep 13, 2021
About this deal
AI
The refinance loan for the property at 4 World Trade Center, located in the Financial District, has been finalized. The office building spans approximately 1,900,000 square feet and is owned by Silverstein Properties. The loan, with an amount of $1,364,000,000, has been provided by New York Liberty Development Corporation.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,364,000,000
- Address: 4 World Trade Center
- Market: Financial District
- Landlord: Silverstein Properties
- Lender: New York Liberty Development Corporation
The deal was facilitated by Tal Karret, Roger Silverstein, Larry Silverstein, Lisa Silverstein, Marty Burger, and Cory Silverstein from Silverstein Properties.
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Visit Silverstein Properties to view all their deals.
Browse New York office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.01%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93